Académique Documents
Professionnel Documents
Culture Documents
1. Many times we read in newspapers that several companies are adopting the FCCBs route to
raise capital. What is the full form of FCCBs?
Ans: 1
2. Many a times, we read in newspapers that some big banks have revised their lending rates to
make them dearer or cheaper. Though the decision to raise the lending rates is always in the hands
of the banks normally they announce this decision of theirs:
(1) Immediately after the Union Budget is presented in the Lok Sabha every year.
(2) when the RBI makes changes in its policy rates.
(3) When the Monetary and Credit Policy of the RBI is reviewed periodically.
Ans: 3
3. In order to develop infrastructure in the country at a faster pace, the Govt. of India has fixed
some targets. In order to achieve this target, at present how many kilometers of highway is required
to be constructed per day?
(1) 5 km (2) 10 km
(3) 15 km (4) 20 km
(5) All 1, 2 and 3
Ans: 4
4. The Govt. of India is planning to bring a Second Green Revolution. This will be launched
specifically for which of the following parts of the country?
Ans: 1
Ans: 4
6. Which of the following is a function of the agent bank relating to flow of money in the process of
loan syndication?
Ans: 3
Ans: 1
Ans: 3
9. In the list of nationalized banks, which bank was merged with Punjab National Bank in 1993?
Ans: 4
Ans: 4
11. Who said the nationalization of banks is the masterstroke of political sagacity?
Ans: 3
12. Regional Rural Banks have been set up with the basic objectives of:
Ans: 4
(1) USA
(2) China
(3) OPEC members
(4) European union countries
(5) All major countries and their alliances
Ans: 5
14. Which of the following is not a financial intermediary in the financial markets?
Ans: 4
Ans: 3
16. Which of the following is not one of the RBI directives on clean note policy?
(1) Currency note packets are not to be stapled and secured with paper bonds
(2) Soiled notes are to be stapled before they are remitted to Currency Chest
(3) Water mark window of bank notes shall not contain any writings
(4) Currency notes are to be sorted into Issuable and non-issuable notes
(5) None of these
Ans: 2
17. When bank accept a fixed sum of money from an individual for a definite term and pay on
maturity with interest, the deposit is known as:
Ans: 1
Ans: 2
19. In which part of India, many banks are established, which is called the Cradle of Indian Banking
System?
(1) Included in the 2nd schedule of the Banking Regulation Act 1949
(2) Included in the 2nd schedule of the Companies Act 1956
(3) Included in the 2nd schedule of the Reserve Bank of India Act 1934
(4) Bank Nationalization Act 1969
(5) None of these
Ans: 3
Ans: 3
22. The relationship between RBI and the Bank maintaining the currency chest is that of?
Ans: 3
24. Which of the following organizations /agencies works solely to monitor and arrange flow of
agriculture credit in India?
Ans: 1
Ans: 4
Ans: 4
27. ...opened a Lockless branch at Shani Shingnapur (Maharastra) respecting the local
Customs?
Ans: 5
Ans: 4
29. When the customer withdraws cash from ATM, the banker and customer relationship is?
Ans: 1
(1) Importers
(2) Exporters
(3) RBI
(4) Ministry of commerce
(5) Demand and supply forces
Ans: 5
31. The Government of India has recently given its approval to expand number of seats available
weekly on flights between India and United Arab Emirates (UAE) from the current 13,000 seats
to?
Ans: 4
Ans: 2
Ans: 3
Ans: 5
35. The instrument which provides proprietary interest in company and which entitles a person to
dividend on profits, is called?
Ans: 2
Ans: 4
Ans: 3
Ans: 1
Ans: 1
Ans: 2
Ans: 2
42. In the first round 14 major banks with a liability base ofwere nationalized:
Ans: 3
Ans: 5
44. SLR is maintained as a percentage of:
Ans: 5
45. The credit policy laid down by the top management of a bank does not deal with?
Ans: 3
Ans: 3
Ans: 4
48. Which of the following is one of the three pillars of new Basel Capital Award?
Ans: 3
49. Which of the following is not the name of a bank functioning in India?
Ans: 3
Ans: 4
51. Which of the following is the disadvantage of going for public issue?
Ans: 4
52. Which of the following is not a criterion to select the Investment Bankers?
Ans: 1
Ans: 2
Ans: 1
Ans: 3
Ans: 4
Ans: 3
Ans: 1
59. State Bank of Indias new floating rate of deposit is directly linked to?
Ans: 3
60. Which of the following businesses is prohibited as per Sec 8 of B.R. Act 1949?
Ans: 3
Ans: 4
Ans: 3
Ans: 3
Ans: 4
Ans: 1
66. RBI Provides..for meeting day-to-day receipt and expenditure mismatch to both Central
and State Governments.
Ans: 2
(1) It has to meet the credit need of citizens to whom no one else is willing to lend
(2) Banks lend to go to RBI as a last resort
(3) It comes to help banks in times of crisis
(4) All of the above
(5) None of these
Ans: 3
68. These days RBI uses Selective credit control measure rather infrequently because of:
Ans: 5
Ans: 2
71. The availability of cash and other cash-like marketable instruments that are useful in purchase
and investments are commonly known as:
Ans: 2
72. As per newspaper reports, Indias trade gap has been showing a negative growth for the last
few months. Trade Gap means what?
Ans: 2
73. RBI Providesfor meeting day-today receipt and expenditure mismatch to both
Central and State Governments.
Ans: 2
74. Who has been appointed as the new President of the Asian Development Bank (ADB)?
Ans: 1
75. Which of the following instruments of credit control adopted by the Reserve Bank of India (RBI)
does not fall within general or quantitative methods of credit control?
(1) Stipulation of certain minimum margin in respect of advance against specified commodities
(2) Open Market operation
(3) Bank rate
(4) Variable reserve requirement
(5) None of these
Ans: 1
76. The term BSR refers to:
Ans: 2
77. Participatory Notes (PNs) are associated with which one of the following?
Ans: 3
Ans: 1
Ans: 4
Ans: 2
(1) Paid by the Reserve Bank of India on the deposits of commercial banks
(2) Charged by banks on loans and advances
(3) Payable on bonds
(4) At which the Reserve bank of India discounts the Bills of Exchange
(5) None of these
Ans: 4
82. Which among the following committee is set up for giving clear definitions to FDI and FII with an
aim to remove ambiguity over the two types of foreign investments?
Ans: 3
83. As per the new final guidelines released by the Reserve Bank of India (RBI) for issuing new
banking licenses norms to allow private and the public sector as well as non-banking financial
companies to enter the fray. Which of the following statements is Correct in this regard?
(1) The final guidelines sets 49 percent cap on foreign holding in new banks and minimum paid-up
equity capital is Rs. 1000 crore.
(2) New banks will have to set up 25 per cent of its branches in unbanked rural areas.
(3) The paid-up equity capital should be
Rs. 500 crore and they will have to get listed within three years of operations.
Ans: 2
84. The rate of interest, banks charge to its main/major and prime; customers is popularly called as:
Ans: 1
Ans: 4
Ans: 4
87. Loans of very small amounts given to low income groups is called:
Ans: 1
88. Under provisions of which one of the following Acts, the Reserve Bank of India (RBI) issues
directives to the Banks in India?
Ans: 4
Ans: 2
90. When we deposit a cheque issued in our name in the bank, the bank always checks if the
cheque has been crossed or not? Why is this done?
(1) It is a process by which the person who has issued the cheque comes know whether the cheque
is enchased or not
(2) It ensures that the money is deposited only in the account of the person in whose name
the cheque has been drawn
(3) The bank insists on it only when the party wants the payment immediately and that too in
cash only
(4) This is the instruction of RBI that all the cheques of the amount of Rs. 10,000 should be
accepted only if they are crossed
(5) None of these
Ans: 2
91. When the loan is guaranteed for purchase of white goods it is called?
(1) White goods loan
(2) Consumer durable loan
(3) Business loan
(4) Consumption loan
(5) Proprietary loan
Ans: 2
92. Who among the following is appointed to head a 10-member global task force to prepare a
Knowledge management system for promoting global cooperation in anticorruption measures and
keep a check on balance money?
Ans: 2
Ans: 3
Ans: 2
95. World Bank Group announced the appointment of an Independent panel of experts to conduct a
review of its Doing Business report. Who among the following from India has been appointed as one
of the ten International experts to this panel?
Ans: 4
96. Which among the following is the High-level committee that went into the Commonwealth
Games related projects, has suggested changes in the functioning and structure of top audit
and vigilance bodies like the Comptroller and Auditor General making it a three-member body?
(1) U.C. Banerjee Committee
(2) Shunglu Committee
(3) Palekar Committee
(4) A Ghosh Committee
(5) None of these
Ans: 2
(1) lending to the customers who are most value for the banks
(2) lending to the customers who visit bank for the very first time
(3) lending to the people with less than standard credit status
(4) lending to the people who live a substandard life
(5) None of these
Ans: 3
98. Which of the following is the deadline set by RBI for Indian Banks to complete their conformation
to the Basel-III norms?
Ans: 3
Ans: 2
100. To which of the following banks of Russia, the Reserve Bank of India (RBI) has granted
permission to open its branch in New Delhi?
Ans: 3
Ans: 1
Ans: 3
Ans: 2
104. Planning Commission has set up a high level expert committee to suggest measures for
efficient management of public expenditure under the chairmanship of
Ans: 2
105. A bank accepts a deposit from a corporate house. The feature of the deposit are:
(a) accepted at a discounted value
(b) stamp duty is borne by the bank
(c) issued as issuance of promissory note
(d) TDS is not applicable.
Identify the deposit:
Ans: 2
106. National Savings Certificate matures at the end of:
Ans: 3
107. Many a Times, we read in Financial Newspapers about a term called Loan Syndication. What
exactly is Loan Syndication?
(1) In Loan Syndication, more than one debtors applying for a loan to one creditor
(2) In Loan Syndication, more than one creditors coming together to provide single loan
(3) Loan Syndication, more than one creditors coming together to provide multiple loans
(4) All of the above
(5) None of these
Ans: 2
Ans: 2
109. If the government chooses to spend money freshly printed by the RBI against government
securities, it should be kept in which among the following?
Ans: 2
Ans: 1
111. The Statutory Liquidity Ratio (SLR), the amount of liquid assets such as cash, precious metals
and other short-term securities are kept with:
(1) RBI
(2) Individual banks
(3) Finance Ministry
(4) A bank designated by RBI
(5) None of these
Ans: 2
112. RBI hike policy rates by 25 basis point in percentage term it is equivalent to
Ans: 3
Ans: 3
114. Which among the following committee has looked into the maladies affecting the proper
functioning of the public distribution systems (PDS) in India?
Ans: 3
Ans: 3
116. Income limit under Rajiv Gandhi Equity Savings Scheme (RGESS) will be raised from Rs.10
lakh to.?
Ans: 3
117. NABARD has started its Farmers Club Scheme which plays a major role in uplifting the Sheep
and Goat Rearing Sector and Pashmina Rearing in which of the following States?
Ans: 1
118. The Prime Ministers Economic Advisory Council (PMEAC) under the Chairmanship of C.
Rangarajan has presented the Economic review 2012-13. Which of the following highlight/s is/are
true?
A. Indias economic is expected to grow 6.4 percent in the new financial year that began on 1 April
2013
B. PMEACH pegged the WPI inflation at around 6 percent and food inflation, at 8 percent.
C. FY 13 bank credit growth at 14.1% vs 17% in the year-ago period.
D. Net FDI at 18 billion dollars and FII inflows at 24 billion dollar in FY13, expecting net FDI inflow
at 24 billion dollars and FII at 18 billion dollars for FY14
Ans: 4
119. Which of the following states has launched a digital Krishi Card which is supposed to help
farmers in making use of benefits such as subsidies and loans given by the State Government?
Ans: 3
120. Which of the following states has issued Shiksha Setu Cards for Government Schools to keep
students and teachers updated about the performance of students?
Ans: 2
121. An Inter-Ministerial Group (IMG) has approved 10 percent equity sale of Coal India Limited
(CIL). At Present Union Government holds over how much percent stake in Coal India Ltd?
Ans: 3
122. The Cabinet Committee on Economic Affairs (CCEA) has recently approved the proposal of
the Ministry of Shipping for setting up of two major ports in the country in which of the following
states?
Ans: 1
123. Supreme Court has given green signal to operationalize the Kudankulam Nuclear Power plant.
In which of the following states this plant is located?
Ans: 2
124. Asian Development Bank would provide about $6 billion loan to India over the next how many
years, even it is facing the challenge of raising resources?
(1) 2 (2) 4
(3) 3 (4) 6
(5) None of these
Ans: 3
125. Which of the following investigative websites alleged that at least 23 top public and private
banks and insurance companies have been doing large-scale money laundering?
Ans: 1
126. World bank assisted Rs. 2893 crore Project for Child Nutrition Programme. What is the name
of this project?
Ans: 1
127. To harmonise and co-ordinate the skill development efforts of the government and the private
sector, the Cabinet recently approved the setting up of an autonomous body. What is the name of
this body?
(1) National Skill Development Agency
(2) National Coordination and Skill Development Agency
(3) National Agency of Coordination
(4) Skill Development Agency of India
(5) None of these
Ans: 1
128. The Government of India has reduced tax deduction at source (TDS) on interest payments for
foreign institutional investors (FIIs) on investments made by them in Government Securities (G-
Secs) and rupeedenominated corporate bonds from 20% to..?
Ans: 4
129. According to the World Banks latest India Development Update, a bi-annual report on the
Indian economy, India is expected to record how much % gross domestic product (GDP) growth in
the current fiscal 2013-14?
Ans: 3
130. Which of the following stock exchanges recently launched an Islamic equity index based on the
wide-measure covering 500 companies?
Ans: 1
131. The Reserve Bank of India (RBI) has directed banks to follow the Clean Note Policy strictly and
issue clean currency notes to public. What does Clean Note Policy means?
(1) To do away the process of stapling the currency notes and to secure the note packets with
paper bands.
(2) To sort notes into re-issuable and non issuable notes and to withdraw soiled notes from
circulation in the market.
(3) To stop writing of any kind on watermark window of bank notes.
(4) All of above
(5) None of these
Ans: 4
132. The Union Government of India has hiked the monetary assistance under the Indira Awas
Yojana (IAY), the housing scheme for the poor, giving priority to the scheduled castes, tribes and
minorities from Rs. 45,000/- to Rs
Ans: 4
133. iCED was recently inaugurated by the Vice President Hamid Ansari in Jaipur. What is the full
form of iCED?
Ans: 3
134. The Union Government of India has recently revised the criteria for creamy layer of Other
Backward Classes (OBCs) to avail benefits of reservations in government jobs and admissions
to central educational institutions from Rs. 4.5 lakh to Rs?
Ans: 2
135. India recently nominated hill forts of Rajasthan for UNESCOs World Heritage Sites for 2013.
How many hill forts are Nominated?
(1) 7 (2) 8
(3) 6 (4) 5
(5) None of these
Ans: 3
136. A Memorandum of Understanding (MoU) was recently signed between National Commission
for Women (NCW) and HUDCO for improving living conditions of destitute women. What is the full
form of HUDCO?
Ans: 1
137. The Union Government has decided to publicise best practices on implementation of
Right to Information (RTI) Act by public authorities all over the country. In which of the following
years the Centres flagship Right to Information Act was enacted?
Ans: 3
138. Which of the following Union Territories has launched central government sponsored Rashtriya
Kisan Yojana Scheme to promote dairy activities and to enhance socioeconomic status of the
farmers?
Ans: 3
139. Federal Space Agency Roscosmos, Russia has launched the worlds only returnable satellite.
What is the name of this satellite?
Ans: 1
140. Mexico is the fourth largest recipient of remittances in the world, receiving 23 billion US Dollars
in 2012, according to the latest edition of the World Banks Migration and Development Brief. Which
of the following countries is at the top position.
Ans: 2
141. Roberto Azevedo was appointed the head of the World Trade Organisation. From which of the
following countries does he belong to?
Ans: 2
142. Which of the following countries has recently launched super priority same-day visa service for
urgent travelers from India?
143. National Stock Exchange, the Leading bourse, has launched countrys first dedicated debt
trading platform. Which of the following is/are the functions of the Debt Trading Platform?
A. The debt trading platform is supposed to provide retail investors an opportunity to invest in
corporate bonds on a liquid and transparent exchange platform.
B. Banks and primary dealers are the first to enter and they will provide enough liquidity in the debt
segment.
C. The mutual funds, insurance companies and pension funds are also expected to participate
after guidelines for the same are issued by SEBI.
Ans: 4
144. Recently Union Cabinet approved the National Food Security Bill. Which of the following
statement is/are true regarding this?
A. The amendments to the Bill will guarantee 5 kg of food grains per person per month, while
families in the poorest of the poor will continue to get 35 kg of grains per month.
B. As per the bill around 800 crore people will be entitled to get five kilos of subsidized grain per
month. Rice will be made available 3 Rupees per kilo; wheat will cost 2 rupees a kilo and cereal will
be sold for 1 Rupees per kilo.
C. The food security bill approved is directed towards giving the right to food to around 67 per cent of
Indias 120-crore population.
Ans: 4
145. Which of the following banks won the prestigious FE Indias Best Banks Award- 2012-13 in
recognition of its strong fundamentals and dynamic growth model?
Ans: 1
146. Recently Andhra Pradesh Government launched the AP Industrial Infrastructure Corporations
online services for entrepreneurs and grievance redressal system. What is the name of this service?
Ans: 1
147. India Post recently decided to establish third Automated Mail Processing Centre in which of the
following cities?
Ans: 2
148. Recently how many states and union territories signed tripartite agreements with the Centre
and Bharat Broadband Network to lay optical fibre network for providing broadband services at
gram panchayat level?
Ans: 3
149. Recently the Union Government accorded approval of 285.75 crore rupees to which of the
following states under PMGSY(Pradhan Mantri Gram Sadak Yojana)?
Ans: 1
150. Recently the Reserve Bank of India announced that it would start the introduction of Plastic
Notes in the market on trial basis. Which of the following statement is/are true regarding plastic
notes?
Ans: 4
151. The government recently approved the proposal to hike dearness allowance (DA) of Central
Government Employees to how much per cent from the current 72 per cent?
(1) 82 (2) 85
(3) 80 (4) 75
(5) None of these
Ans: 3
152. Which of the following states bagged awards for best civic management of a tourist
destination?
Ans: 3
153. Recently India and Liechtenstein signed the Tax Information Exchange Agreement (TIEA).
What is/are the Primary feature/s of TIEA?
Ans: 4
154. Recently three high courts opened in Tripura, Manipur and Meghalaya. With the opening of
these three High Courts in the North Eastern states of India, the total number of High Courts in India
has gone up to.
(1) 22 (2) 21
(3) 24 (4) 25
(5) None of these
Ans: 3
155. Recently Indian started Visa on Arrival (VoA) facility for the Senior Citizens of Pakistan initiated
at Attari/Wagah Check-Post. This is going to be a single entry Visa and will allow a Pakistani
resident in India for a maximum period of how many days?
(1) 55 (2) 50
(3) 45 (4) 40
(5) None of these
Ans: 3
156. The Union Cabinet recently approved the National Policy for Children, 2012 which recognizes
child survival, health, nutrition, education, development and protection as undeniable rights of every
child. As per the National Child Policy every person below the age of how many years considered as
a child?
(1) 14 (2) 18
(3) 12 (4) 15
(5) None of these
Ans: 2
157. Which of the following countries agreed to co-operate on future missions to the Moon and Mars
after successful collaboration in Chandrayaan-I lunar mission?
Ans: 1
158. As per a Swedish think tank, Stockholm International Peace Research Institutes report China
is the worlds fifth position arm exporter. Which of the following countries is the biggest arm
exporter?
Ans: 3
159. World Health Day was recently celebrated across the world. What is the theme of this day
2013?
Ans: 1
160. Which of the following countries has ranked as the top gold producer for the sixth year in a
row?
Ans: 3
161. ICICI has recently launched its mobile banking service called Mobile Money with which of the
following mobile service providers?
Ans: 2
162. Thirty software companies separated From NASSCOM and formed a new association. What is
the name of this new association?
Ans: 3
163. Finance Minister P. Chidambaram recently launched Rajiv Gandhi Equity Savings Scheme in
Mumbai. Which of the following statement is/are true regarding this scheme?
1. The scheme seeks to provide tax benefits to first-time investors in stock market.
2. Under the scheme, an individual with an income of less than 10 lakh rupees would get tax
incentives for investing up to 50000 rupees in the stock market.
3. As per the notification issued by the SEBI, there would be a lock-in period of one year
on investments made under the scheme.
Ans: 4
164. Recently Met Life India Insurance Co. Pvt Ltd merged with which of the following public sector
banks to launch a new joint venture?
Ans: 2
165. Which of the following FMCG brand became the First Indian that crossed 5000 crore rupees
mark in terms of retail sales in one year?
Ans: 3
166. MCX-SX made its debut as the third National Stock Exchange in India. Which of the following
statement/s is/are true regarding this?
Ans: 4
167. Which of the following Telecom operator recently closed its operations in Mumbai following a
Supreme Court Order?
Ans: 1
168. The Cabinet Committee on Economic Affairs (CCEA) has recently gave its principle approval
for the price pooling mechanism of which of the following items?
Ans: 4
169. The Union Commerce Ministry of India has just released figures and mentioned that which of
the following industry in India had passed the one billion kilogram mark production?
Ans: 1
170. IMF has projected the World GDP growth rate at..for 2013, during its announcement
at WEF 2013 at Davos in January, 2013?
Ans: 2
171. Congress president Sonia Gandhi has recently launched a kids health plan National Child
Health Program. Which of the following statements is/are true regarding this program?
Ans: 4
172. Banks in India traditionally use which system of payment and settlement?
Ans: 1
173. Who took over the reins of NSE (National Stock Exchange, Indias largest stock exchange on 1
April 2013?
Ans: 1
174. Market regulator SEBI on 22 April 2013 allowed 47 entities to set up AIFs. What is the meaning
of AIF?
Ans: 1
175. What is the name of Indias 6th commodity exchange which started its operations on 19 April
2013?
(1) ICEX
(2) Universal Commodity Exchange (UCX)
(3) NCDEX
(4) MCX
(5) NMCE
Ans: 2
Ans: 1
177. Which agency/institution is the regulatory authority for home loans in India?
Ans: 2
178. Which stock exchange recently launched an Islamic equity index especially for Islamic
Investors?
Ans: 4
179. In its annual monetary policy statement of 3 May 2013, RBI Governor D. Subbarao highlighted
which measure as the biggest threat to monetary policy?
Ans: 1
180. What was Indias total indirect tax collection (actual) during 2012-13, as announced on 25 April
2013?
Ans: 3
181. The Indian Government recently approved the export of extra five million tones
of..through private traders.
182. Which telecom company won the 2G spectrum auction in March 2013 offering CDMA services
in eight circles in India?
Ans: 4
183. National Thermal Power Corporations (NTPC) first overseas coal fired power project is under
construction at:
Ans: 2
184. As per the union budget 2013-14, Government of India planned to infuse..in PSU banks.
Ans: 5
185. Mukesh and Anil Ambani have recently signed a Rs. 1200 crore deal for.. business.
Ans: 4
186. In railway budget 2013-14, the railway minister has proposed to run special luxury
coach.with the most modern ambience.
Ans: 4
187. Government of India has recently cleared the joint venture proposal of Air Asia, a Malaysian
airlines company to launch its services in India in collaboration with:
Ans: 3
188. How many banks were given banking license by the RBI in the second phase in 2003-2004?
(1) 1 (2) 2
(3) 3 (4) 4
(5) 5
Ans: 2
189. Which private bank opened with much fanfare in 90s, collapsed and was later merged with the
Oriental Bank of Commerce in August 2004?
Ans: 2
190. When a person opens an account in a bank, the bank is atowards the person?
Ans: 2
191. Which act pertains to effectively dealing with the problem of non-performing assets (NPAs) in
Indian banking?
Ans: 3
192. Generally, what is the designation of head of public sector undertakings (PSUs) and PSU
banks in India?
Ans: 4
193. Indian Commercial Banks are categorized into:
Ans: 4
194. Which of the following can be done by a nominee after the death of the depositor?
Ans: 2
(1) Trust
(2) Limited Company
(3) Partnership firm
(4) All of these
(5) None of these
Ans: 4
Ans: 4
Ans: 1
Ans: 1
Ans: 4
200. Which of the following is not a transfer of funds by using the electronic media?
Ans: 1